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Update: IKEA to Invest EUR 2.0 Bln in Russia
September 24, 2014, 12:00, (Property Xpress) - IKEA Shopping Centers Russia, the largest owner of commercial real estate in the country, has announced plans ...   read more
Immofinanz Q1 Revenue Declines in Romania
September 24, 2014, 11:28, (Property Xpress) - Austria’s Immofinanz Group saw a drop in revenue from its 16 Romanian properties to EUR 11.6 mln in the ...   read more
Morgans Hotel Group Withdraws from Russian Project
September 24, 2014, 10:16, (Property Xpress) - American hotel chain Morgans Hotel Group will not run the apart-hotel currently under construction in The Eye ...   read more
EUR 50 mln Hotel Project under Preparation in Ulcinj, Montenegro
September 24, 2014, 9:50, (Property Xpress) - Ulcinj Mayor Fatmir Djeka has forwarded to processors of the spatial and urban plan of the municipality a ...   read more
Jugopetrol Headquarters Building to Undergo Redevelopment
September 24, 2014, 8:49, (Property Xpress) - Montenegrin oil company Jugopetrol will move its head office from Kotor to Podgorica on November 1, following ...   read more
Sberbank CIB Opens RUB 3.0 Bln Credit Line to City-XXI Century
September 24, 2014, 8:19, (Property Xpress) - The corporate investment banking division of Russia’s Sberbank, Sberbank CIB, has organized a RUB 3.0 bln ...   read more
Kiev Industrial Zones Set to be Transformed into Residential and Commercial Real Estate
September 24, 2014, 8:04, (Property Xpress) - The City of Kiev intends to reorganize a substantial part of its industrial areas into residential and ...   read more
BIN Group Acquires Unfinished Hotel/Office Complex for RUB 5.0 Bln
September 24, 2014, 7:09, (Property Xpress) - BIN Group, controlled by the Gutseriev family, has bought an unfinished hotel and office complex near ...   read more
400,000 Sq. m Multifunctional Residential Complex Planned in Мoscow
September 23, 2014, 11:01, (Property Xpress) - A residential complex with a total area of almost 400,000 sq. m is expected to be developed by to the east of ...   read more
Romanian Developer Sees Slight Revenue Increase, Open to Sell Stake to Investment Fund
September 23, 2014, 10:01, (Property Xpress) - A Romanian real estate developer said its rental revenue has increased by 2.0 pct since the beginning of the ...   read more
Moscow Gives Green Light for 170,000 Sq. m Medical Center Development
September 23, 2014, 8:57, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved the issuance of an urban plan for a 9.79 ha ...   read more
Update: Investment Firm Acquires Sofia Office Space for EUR 5.0 mln
September 23, 2014, 8:19, (Property Xpress) - Sofia-based Bulgarian Real Estate Fund REIT has bought a second property in the Business Park Sofia, where it ...   read more
MirLand Borrows USD 87 mln for Triumph Park Project
September 23, 2014, 7:43, (Property Xpress) - MirLand Development Corporation, controlled by Israeli investment holding Fishman Group, has announced signing ...   read more
Croatia to Launch Privatization Tenders in Autumn
September 22, 2014, 15:59, (Property Xpress) - Croatia’s Office for State Property Management (DUUDI), which has received 700 expressions of interest from ...   read more
Update: Developer to Commission 54,000 Sq. m Shopping Mall in 2016
September 22, 2014, 15:06, (Property Xpress) - A Moscow-based real estate developer plans to commission a 54,000 sq. m shopping and entertainment center in ...   read more
Construction Starts on Belgrade Office Building
September 22, 2014, 14:38, (Property Xpress) - Construction work on a new headquarters building in Belgrade will begin on September 23, with the foundation ...   read more
RUB 9.0 Bln Terminal Development under Preparation in Russia
September 22, 2014, 14:08, (Property Xpress) - About RUB 9.0 bln will be invested in a new terminal building, which will occupy a 66,000 sq. m area at the ...   read more
Astaldi Spa and UTI Group Win EUR 22 mln Contract
September 22, 2014, 13:37, (Property Xpress) - Astaldi Spa and UTI Group will carry out a project to redevelop the Flamaropol ice rink in Bucharest, which ...   read more
Moscow Revises Planning Proposals for Office Building in Central Area
September 22, 2014, 12:57, (Property Xpress) - The Urban Land Commission of the Government of Moscow has revised and approved planning proposals for a ...   read more
11,000 Sq. m Retail/Leisure Complex under Development in Kiev
September 22, 2014, 12:37, (Property Xpress) - Construction work is underway on a retail center and two restaurants, located on either sides of the Rechnoy ...   read more
Corporation SBR to Develop 30,000 sq. m of Warehouse Space in Shushary
September 22, 2014, 12:10, (Property Xpress) - Corporation SBR will build a 30,000 sq. m warehouse area in Shushary for Metrika retail chain. The project ...   read more
British Developer to Implement High-end Resort Project in Montenegro
September 22, 2014, 11:47, (Property Xpress) - A British company is working on a high-end resort project in Montenegro, and hopes to create all preconditions ...   read more
Pony Express Rents 17,400 Sq. m at Moscow Warehouse Complex
September 22, 2014, 11:02, (Property Xpress) - Pony Express company, operating in the express delivery market, has leased 17,400 sq. m of warehouse space at ...   read more
Economic Zone Sofia – Bozhurishte First Phase Launched in Sofia
September 22, 2014, 10:43, (Property Xpress) - Germany’s Behr Hella Thermocontrol, the first resident of the Economic Zone Sofia - Bozhurishte, will soon ...   read more
Inteco Invests in Housing and Factories in Rostov-on-Don
September 22, 2014, 10:18, (Property Xpress) - Russian real estate developer Inteco will invest almost RUB 50 bln in their own projects in the Rostov region. ...   read more

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